* Shareholder and Investor Convention Name Scheduled for November 24, 2021
New York, Nov. 23, 2021 (GLOBE NEWSWIRE) — PHI Group, Inc. (www.phiglobal.com, PHIL), an organization at the moment targeted on PHILUX International Funds, a bunch of Luxembourg financial institution funds, and growing the Asia Diamond Change (“ADE”) in Vietnam, is happy to announce that CO2-1-0 (CARBON) Corp., a subsidiary of the Firm, has signed a Memorandum of Understanding (“MOU”) with SuperGreen Options (https://supergreensolutions.com/) to cooperate in a brand new disruptive carbon mitigation program via worldwide environmentally sustainable tasks.
In accordance with the MOU, SuperGreen and CO2-1-0 (CARBON) will cooperate in buying carbon credit from SuperGreen’s tasks and from different mission homeowners in america of America. Carbon credit will probably be digitalized into Carbon Tokens utilizing blockchain-crypto know-how and deploying IoT.
SuperGreen will present mission information to be processed into CARBON’s information processing middle and in addition assist CARBON’s due diligence processes. SuperGreen will probably be CARBON’s unique consultant for your entire United States of America market. As a part of this strategic alliance, PHI Group has agreed to help SuperGreen in elevating the required funds to implement the general scope of cooperation.
In accordance with the United Nation Framework Conference on Local weather Change (UNFCCC), along with the Paris settlement and Kyoto protocol in 2016, Indonesia has actively participated and agreed to take care of the earth temperature to not exceed by 1,5 levels Celsius by 2030. The greenhouse gases (GHG), primarily CO2, CH4, N2O, SF6, HFCs, PFCs, are the foundation trigger of world local weather change, every of which will be calculated as CER (CO2 Emission Discount) equal.
At present, CER is being tediously registered, validated, and licensed centrally beneath UNFCCC methodology by just a few unbiased establishments, largely within the US and Europe, the place the CER later will be traded (as carbon credit) voluntarily. For the previous 5 years, the marketplace for carbon credit has been almost zero, and because of complexity of the processes, many firms/ tasks have much less urge for food to be engaged within the carbon credit score alternative. Many environmentally sustainable tasks (renewable power/ waste/ agriculture/forestry/ and many others.) have didn’t get monetary assist particularly on the preliminary/ improvement stage, because of the above causes, inflicting much less financial worth of the mission or delays.
The Taskforce on Scaling Voluntary Carbon Markets (TSVCM), sponsored by the Institute of Worldwide Finance (IIF) with information assist from McKinsey, estimates that demand for carbon credit may improve by an element of 15 or extra by 2030 and by an element of as much as 100 by 2050. General, the marketplace for carbon credit might be price upward of $50 billion in 2030.
Daniel Dubell, CEO of SuperGreen Options, acknowledged: “SuperGreen Options is proud to accomplice with CO2-1-0 (CARBON) CORP and PHI Group, Inc. in supporting america efforts to be the worldwide chief in reaching Web Zero Carbon Emissions.”
Choky Simanjuntak, Founder and CEO of CARBON, added: “We’re warm-hearted and delighted to work along with SuperGreen. Our carbon credit resolution with blockchain-crypto know-how and IoT will gas hundreds of SuperGreen tasks and assist The US to achieve web zero carbon goal accordingly. It is a actual motion and actual instance on following up latest COP26-Glasgow which was additionally attended by President of The US.
We additionally encourage certified buyers to take part in our CARBON token personal sale within the coming weeks (beginning December 1, 2021). This CARBON token sale will nourish the brand new carbon credit score ecosystem. Subsequently, we consider our mutual cooperation with SuperGreen might change the lifetime of many individuals throughout the globe. Thanks and God bless!”
You’re cordially invited to a scheduled Zoom convention name with PHI Group, SuperGreen Options and CO2-1-0 (CARBON):
Time: Nov 24, 2021 – 09:00 AM Jap Time (US and Canada)
Be a part of Zoom Assembly:
Assembly ID: 417 780 6661
Dial by your location
+1 669 900 6833 US (San Jose)
+1 346 248 7799 US (Houston)
+1 253 215 8782 US (Tacoma)
+1 929 205 6099 US (New York)
+1 301 715 8592 US (Washington DC)
+1 312 626 6799 US (Chicago)
Assembly ID: 417 780 6661
Discover your native quantity: https://us06web.zoom.us/u/kY7nnVkvV
About CO2-1-0 (CARBON) CORP
CO2-1-0 (CARBON) (www.co2-1-0.io) goals to supply an answer in disruptive decentralized new carbon market system utilizing blockchain-crypto know-how and IoT which will probably be empowering environmentally sustainable tasks (renewable power/ waste/ agriculture/ forestry/ and many others.) beginning in Indonesia, Vietnam, different ASEAN nations, USA, and worldwide. It has a transparent and systematic product improvement roadmap, and the final word milestones of the merchandise estimated to be launched within the close to future. The answer, methodology, and improved TACCC (clear, correct, constant, full, and comparable) enterprise course of initially launched by CO2-1-0 (CARBON) will deliver full affect to raised surroundings and lifetime of tens of millions.
About SuperGreen Options
SuperGreen Options (www.supergreensolutions.com) is a rising renewable power franchise firm that’s innovatively working to serve industrial and residential purchasers in attaining their sustainability objectives. SuperGreen is dedicated to offering simply accessible, high quality options to beat the environmental risks that face our planet. The corporate and its franchisees take satisfaction in offering the appropriate entry to know-how, strategic steerage and ongoing assist to its purchasers.
About PHI Group
PHI Group (www.phiglobal.com, PHIL) primarily focuses on advancing PHILUX International Funds, a bunch of Luxembourg financial institution funds organized as “Reserved Various Funding Fund” (“RAIF”) (www.philux.eu), and constructing the Asia Diamond Change (“ADE”) in Vietnam. The Firm additionally engages in mergers and acquisitions and invests in choose industries and particular conditions which will considerably improve shareholder worth.
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CO2-1-0 (Carbon) Corp
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PHI Group, Inc.
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